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To obtain a lien on real property in the state of Virginia, the judgment creditor must "docket" the lien in the public records office of the city or county where that property is physically located. Once the lien is docketed, the creditor files a "creditor's bill in equity" in that jurisdiction, which will require the chancellor to appoint a ...
Some properties have conservation easements, for example, which require property owners to preserve that portion of their land for the sake of natural or cultural heritage.
A full coverage search is usually done when creating a title report for sale/resale transactions and for transaction that involves construction loans. It generally includes searches related to property lien, easements, covenants, conditions and restrictions(CC&Rs), agreements, resolutions and ordinances that will affect the real property in question.
Examples are those getting the property as a gift and heirs. Also, those who purchase ownership interests in the owners of the property, such as shares of stock in a corporation owning the land, have not purchased an interest in the property itself and so are unprotected. Also, recording laws generally do not protect purchasers against real ...
Even the most meticulous search of public records may miss issues with the title or easements. Title insurance protects property buyers from losses caused by undisclosed liens, easements, unpaid ...
In Virginia, they ensure privacy and avoid probate delays and the probate tax. But trusts cost $1,000 or more in legal fees. You will still need a pour-over will naming the trust as beneficiary.
The lack of any property interest removes the necessity and the easement. The doctrine of merger is used by municipal governments to treat adjacent lots in common ownership as a single lot for land-use and zoning purposes, such as two lots that are nonconforming due to sub-minimal size for development, but would have sufficient size if combined ...
A servient estate (or servient premises or servient tenement) is a parcel of land that is subject to an easement.The easement may be an easement in gross, an easement that benefits an individual or other entity, or it may be an easement appurtenant, an easement that benefits another parcel of land.
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